Lottery Market size in the US to grow by USD 39.39 billion from 2022 to 2027; Growth driven by the growing adoption of marketing strategies to increase ticket sales – Technavio

NEW YORK, May 31, 2023 /PRNewswire/ — The latest report on the lottery market in the US, 2023-2027 estimates to register an incremental growth of by USD 39.39 billion, accelerating at a CAGR of 6.61% during the forecast period. The market is concentrated due to the presence of diversified international and regional vendors. The report offers an up-to-date analysis regarding the current market scenario,… Continue reading Lottery Market size in the US to grow by USD 39.39 billion from 2022 to 2027; Growth driven by the growing adoption of marketing strategies to increase ticket sales – Technavio

Lucid Group, Inc. Announces Pricing of Public Offering of Common Stock and Corresponding Investment by an Affiliate of PIF for Aggregate Gross Proceeds of Approximately $3.0 Billion

NEWARK, Calif., May 31, 2023 /PRNewswire/ — Lucid Group, Inc. (Nasdaq: LCID; “Lucid”) announced today that it priced its underwritten public offering of 173,544,948 shares of its common stock for aggregate gross proceeds to Lucid of approximately $1.2 billion. The underwriter may offer the shares of common stock from time to time for sale in… Continue reading Lucid Group, Inc. Announces Pricing of Public Offering of Common Stock and Corresponding Investment by an Affiliate of PIF for Aggregate Gross Proceeds of Approximately $3.0 Billion

Urban Air Mobility and Vertiports Global Market Report 2023: Featuring Airbus, Boeing, DigiSky, Joby Aviation, Lockheed Martin & More

DUBLIN, May 31, 2023 /PRNewswire/ — The “Urban Air Mobility and Vertiports – Market and Technology Forecast to 2031” report has been added to ResearchAndMarkets.com’s offering. Urban air mobility (UAM) transportation systems are being developed to address the pressing issue of traffic congestion, especially in the major cities of the world. The aircraft used in UAM… Continue reading Urban Air Mobility and Vertiports Global Market Report 2023: Featuring Airbus, Boeing, DigiSky, Joby Aviation, Lockheed Martin & More

Spare Parts Logistics Market size to grow by USD 22.48 billion from 2022 to 2027; Growth driven by the increase in electronic components trade between India and China – Technavio

NEW YORK, May 31, 2023 /PRNewswire/ — The latest report on the spare parts logistics market, 2023-2027 estimates to register an incremental growth of USD 22.48 billion, accelerating at a CAGR of 5.47% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The report offers an up-to-date analysis regarding the current market scenario,… Continue reading Spare Parts Logistics Market size to grow by USD 22.48 billion from 2022 to 2027; Growth driven by the increase in electronic components trade between India and China – Technavio

Netstock Announces the Release of its AI-Powered Predictive Planning Suite™

Netstock’s AI-powered solution will empower SMBs to adapt, flex, and accelerate supply chain planning to outpace their competitors. BOSTON, May 31, 2023 /PRNewswire/ — Netstock, a leading supply chain planning solution provider for small and medium-sized businesses, has released its AI-powered Predictive Planning Suite, a purpose-built supply chain planning and inventory management solution. This AI-powered… Continue reading Netstock Announces the Release of its AI-Powered Predictive Planning Suite™

SHASHI HOTEL MOUNTAIN VIEW OFFERS GUEST-FOCUSED HOSPITALITY EXPERIENCE THROUGH HIGH-TECH TOUCHPOINTS, THOUGHTFUL AMENITIES AND MICHELIN STAR DINING

The Silicon Valley Hotel is Primed to Disrupt the Hospitality Experience By Embracing Innovation and Technology MOUNTAIN VIEW, Calif., May 31, 2023 /PRNewswire/ — Opened in 2021, Shashi Hotel is a premier urban resort nestled in the heart of Silicon Valley in Mountain View, California, by Shashi Group. In its ongoing pursuit of creating exceptional customer experiences, Shashi Hotel… Continue reading SHASHI HOTEL MOUNTAIN VIEW OFFERS GUEST-FOCUSED HOSPITALITY EXPERIENCE THROUGH HIGH-TECH TOUCHPOINTS, THOUGHTFUL AMENITIES AND MICHELIN STAR DINING

Lockheed Martin to Feature Kennametal Tools in Machining Guide

Kennametal’s HARVI end mills recognized in the industry for aerospace tooling excellence PITTSBURGH, May 31, 2023 /PRNewswire/ — Kennametal Inc. (NYSE: KMT) announced today that its HARVI™ solid carbide end mills will be included as a preferred product in Lockheed Martin’s internal machining guide. The resource, produced by Lockheed Martin Aeronautics’ Operations Technology group for… Continue reading Lockheed Martin to Feature Kennametal Tools in Machining Guide

XCMG Machinery Supports Global Infrastructure Projects, Promotes Dynamic and Sustainable Development

KIGONGO, Tanzania and ALEXANDRIA, Egypt, May 31, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) is working on an extensive number of infrastructure projects worldwide, with substantial operations established across eight major regions, while aiding regional economic development with “Advanced and Endurable” products, solutions, and services. Recently, XCMG shipped 3 units of tower cranes for the construction… Continue reading XCMG Machinery Supports Global Infrastructure Projects, Promotes Dynamic and Sustainable Development

Aerostructures Market worth $84.0 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, May 31, 2023 /PRNewswire/ — The Aerostructures market is estimated to be USD 61.0 billion in 2023 and is projected to reach USD 84.0 billion by 2028, at a CAGR of 6.6% during the forecast period according to a new report by MarketsandMarkets™. Modern structures that are created to satisfy certain operating needs are… Continue reading Aerostructures Market worth $84.0 billion by 2028 – Exclusive Report by MarketsandMarkets™

Successful splashdown of Dragon 2 in the Atlantic Ocean – historic moment for the two Saudi heroes of the space mission

CAPE CANAVERAL, Fla., May 31, 2023 /PRNewswire/ — The Saudi Space Commission (SSC) has announced today the success of mission AX-2 and the landing of the astronauts’ capsule after a pioneering scientific trip to the International Space Station (ISS). This innovative mission contributed to raising the status of Saudi Arabia whilst its success is a… Continue reading Successful splashdown of Dragon 2 in the Atlantic Ocean – historic moment for the two Saudi heroes of the space mission